4274 Cherokee Ave - Apartments FOR SALE


San Diego, CA 92104- Corridor
$1,039,000 USD
858-321-5181
4274 Cherokee Ave, San Diego, CA for Sale
$1,039,000 USD
Apartments - FOR SALE
1/27
null | 4.78% Cap Rate

4274 Cherokee Ave
San Diego, CA 92104
Corridor


HIGHLIGHTS

  • Two Detached Single Family Homes with private backyard / patio
  • Prime Central San Diego Location
  • Beautifully Remodeled Front House
  • Perfect layout for Owner-Occupant or AirBnB operation
  • Off-Street Parking & in-unit laundry
  • Strong Unit Mix with minimal LTR turnover

OVERVIEW

BridgePoint Multifamily proudly presents 4274-76 Cherokee Avenue, an exclusive duplex investment featuring two detached single-family homes in a prime central San Diego location. Spanning 1,716 rentable square feet on a 4,504-square-foot lot, this unique property consists of a fully remodeled 3-bed, 1-bath front home and a 2-bed, 1-bath rear home (vacant as of Nov 1). Each residence offers desirable amenities including private yards, off-street parking, and in-unit laundry, enhancing tenant appeal and rental value. The asset provides investors with a flexible and highly sought-after rental product. Whether for a traditional investor or an owner-occupant seeking supplemental income, this property offers a compelling blend of lifestyle and financial upside. The property’s distinct two-home configuration presents a significant opportunity to maximize returns through various operational strategies. Its layout with separate entries is ideally suited for a high-income short-term rental program, capturing premium rates from San Diego’s robust tourism market. This versatile setup also allows for a stable, traditional long-term rental model or an owner-user scenario, providing multiple avenues for revenue generation and investment growth. Ideally situated between the vibrant neighborhoods of North Park and Normal Heights, 4274-76 Cherokee Avenue benefits from exceptional access to popular dining, retail, and nightlife. The property’s central location and proximity to major freeways ensure strong and consistent tenant demand from professionals and families seeking convenience. This prime positioning supports both high occupancy and sustained rent growth, underpinning the asset's long-term investment security. 4274-76 Cherokee Avenue represents a multifaceted investment opportunity—a well-maintained asset offering unique operational flexibility, significant income potential through multiple rental strategies, and a rare chance to acquire two homes on one lot in one of San Diego’s most dynamic rental markets. Call or email listing agent Eric Feldman with any questions or offer submission. (619) 846-2383 / Feldman@bridgepointmultifamily.com

FOR SALE DETAILS

PRICE

$1,039,000 USD

PRICE/SF

$605 USD /SF

# OF UNITS

2

PRICE/UNIT

$519,500

CAP RATE

4.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

-

APN/PARCEL ID

447-251-27

ASK ABOUT THIS PROPERTY

Adrian GonzalezBridgePoint Realty, INCMore Info
858-321-5181

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Adrian GonzalezBridgePoint Realty, INCMore Info
858-321-5181

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.